97 percent of shippers set to increase freight procurement budgets In 2022
New research from Sleek Technologies details key trends in freight procurement following last year’s supply chain disruptions
Biden Administration funds remainder of Soo Lock project
On November 15, 2021, President Biden signed the Infrastructure Investment and Jobs Act (IIJA) into law. The legislation includes an historic infusion of $1.2 trillion…
[Freightos Weekly Update] Despite omicron spread in China, limited impacts on logistics so far
1 Despite detections of omicron and containment measures in several major Chinese port cities, the direct impact on logistics has so far been moderate. This…
Realterm acquires seven-property final mile warehouse portfolio in South Florida
Realterm announces the acquisition of a seven-property portfolio in Riviera Beach, Fla. With a combined total of 316,037 square feet and 260 loading positions, the…
Hub International introduces HUB Drive online
HUB Drive Online digital dashboard provides a single view of data for improved onboarding and insight of drive performance, insurance and claims to improve cost…
Port of Corpus Christi finishes fiscal year 2021 with record tonnage
The Port of Corpus Christi ended 2021 with record tonnage, mainly attributable to an 81.2 percent increase from 2020 in shipments of liquefied natural gas…
Japan’s LNG inventories slump to 7-month low on cold weather
Japan’s liquefied natural gas inventories slumped to a seven-month low as colder weather increased demand and Europe hoarded shipments of the super-chilled fuel.
Aviation turmoil reduced, not resolved, by latest 5G agreement
For the third time in less than two months, the U.S. aviation system on Tuesday faced the threat of widespread flight disruptions over potential 5G…
Global supply chain activity stabilizing despite Omicron variant spike
US supply chain activity finished Q4 within touching distance of pre-pandemic forecasts, as global transaction volumes between buyers and suppliers showed increasing signs of stabilizing,…
US Army plans $14 billion for ports, waterways and climate help
The U.S. Army plans to invest more than $14 billion upgrading ports and waterways, and helping coastal communities deal with extreme weather and natural disasters.
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